• Teekeeus [comrade/them]
    ·
    10 months ago

    reminder that the average american will actually see a net wealth gain if global wealth were evenly distributed

    Show

      • Yurt_Owl
        ·
        10 months ago

        We're doing that to ourselves just fine atm

    • blobjim [he/him]
      ·
      10 months ago

      That's just dollar value though, it doesn't really tell the whole story.

      • GaveUp [love/loves]
        ·
        edit-2
        10 months ago

        Yea, the standard of living would collapse across the entire imperial core without dirt cheap resources and outsourced labour

    • HumanBehaviorByBjork [any, undecided]
      ·
      edit-2
      10 months ago

      yes, but what about the average redditor?

      fuckin nuts that the countries with the greatest wealth inequality are the US, Sweden (???), and the former Soviet bloc.

      • mar_k [he/him]
        ·
        10 months ago

        Depends how you measure inequality tbh. If you measure gaps between the average income of the richest 10% and the poorest 10%, the US has a 3x higher inequality ratio than Sweden. If you measure gaps between the top 1% and bottom 50%, Sweden becomes more comparable to America, and is actually one of the few countries to have more billionaires per capita than the US. Sure they got their succdem benefits and strong social safety net, but they're the biggest free market shills when it comes to corporations and CEOs